The UAE-based carrier, which is a major shareholder in Jet, is seeking an exemption from SEBI on preference pricing and open offer guidelines to increase its stake in the cash-strapped carrier.
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State Bank of India (SBI), the country's largest lender, offers a host of services to its customers. PPF (Public Provident Fund) account, one such product offered by the lender, is a retirement planning-focused instrument. Public Provident Fund (Amendment) Scheme, 2016 was introduced by the National Savings Organization in 1968 to mobilize small sa...
State Bank of India (SBI), the largest lender of the country, offers the option of opening a recurring deposit (RD) account that allows customers to save a fixed sum every month and earn an interest income on the same. Interest rates offered on recurring deposits (RDs) are the same as that on fixed deposit (FD) accounts, noted the lender on its cor...
Jet's shares were down 3.7 per cent on Thursday morning, having plunged over 8 per cent in the previous session after the report.
Jet Airways said various options are yet to be crystallised and agreed to by the stakeholders in the best interests of the company.
However, the operations in State Bank of India (SBI) and private sector banks remained unaffected, as other seven unions in the banking sector are not part of the strike.
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